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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: John Paquet who wrote (444)5/11/1999 11:04:00 PM
From: Dettmer  Read Replies (1) | Respond to of 1239
 
Thanks for the comments about the market. But what about the 25% increase in video game software for consoles and personal computers to US$5.5 billion in 1998? The market GTR is in is big. I am not kidding.

Short-term market action is not going to change fundamental and strong business trends and GTR's opportunity to benefit from these trends.

John, you say the market looks weak. I say let's see if the company looks strong or weak tomorrow. My feeling? Traders get out of the stock due to lack of momentum and then fundamentalists jump in. Why? Because a bet on GTR is a bet on a large industry which is growing reallllllllllly fast. Because GTR is well run and well capitalized to grow its business. If tomorrow's numbers are in line with Yorkton's forecasts then let's wait to see what Q1, Q2, Q3 and Q4 bring.

SI members, don't let John make you think that GTR is only a trade. I believe it is more than that and let's see if the year-end results confirm that.